AIICO BALANCED FUND NEWSLETTER – December 2022
OVERVIEW AIICO Balanced Fund is an open-ended mutual fund, investing in Fixed income instruments, Money market instruments and both Quoted and Unquoted equities. INVESTMENT OBJECTIVE The investment objective of the Fund is to create medium to long term…
FINANCIAL MARKETS TODAY – 05 January 2023
FIXED INCOME MARKETS Money Markets The Interbank market remained buoyant, as system liquidity improved further to c.₦1.41 trillion, compared to c.₦ 1.40 trillion recorded the previous day. Nevertheless, the Overnight Policy Rate (OPR) and Overnight Rate…
FINANCIAL MARKETS TODAY – 04 January 2023
FIXED INCOME MARKETS Money Markets The Interbank market remained buoyant, as system liquidity improved further to c.₦1.40 trillion, compared to c.₦ 1.03 trillion recorded the previous day. Nevertheless, the Overnight Policy Rate (OPR) and Overnight Rate…
FINANCIAL MARKETS TODAY – 03 January 2023
FIXED INCOME MARKETS Money Markets Interbank system liquidity improved significantly to a credit balance of c.₦1.03 trillion, compared to c.₦584.67 billion recorded the previous week. Consequently, the Overnight Policy Rate (OPR) and Overnight Rate (O/N)…
FINANCIAL MARKETS TODAY – 30TH December 2022
FIXED INCOME MARKETS Money Markets Interbank system liquidity opened lower with a credit balance of c.₦ 584.67billion, compared to yesterday’s opening balance of c.₦ 701.38 billion. Consequently, the Overnight Policy Rate (OPR) and Overnight Rate (O/N)…
FINANCIAL MARKETS TODAY – 29th December 2022
FIXED INCOME MARKETS Money Markets Interbank system liquidity improved significantly to open at c.₦701.38 billion long, compared to yesterday’s opening balance of c.₦364.39 billion. Consequently, the Overnight Policy Rate (OPR) and Overnight Rate (O/N)…
FINANCIAL MARKETS TODAY – 28 December 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened with a credit balance of c. ₦ 364.39 billion, significantly lower compared to c. ₦ 679.93 billion recorded on Friday. Nonetheless, the Overnight Policy Rate (OPR) and Overnight Rate…
FINANCIAL MARKETS TODAY – 23 December 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened with a credit balance of ca ₦679.93 billion, compared to yesterday’s opening balance of ca ₦747.90 billion. Thus, the Overnight Policy Rate (OPR) and Overnight Rate (O/N) inched up to…
FINANCIAL MARKETS TODAY – 22 December 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened with a credit balance of ca ₦747.90 billion, significantly higher than yesterday’s opening balance of ca ₦163.77 billion, buoyed by FAAC inflows. Thus, the Overnight Policy Rate (OPR)…
FINANCIAL MARKETS TODAY – 21 December 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened with a credit balance of ca ₦163.77 billion, compared to yesterday’s opening balance of ca ₦168.96 billion. Thus, the Overnight Policy Rate (OPR) and Overnight Rate (O/N) inched up to…
